Non-Vessel Operating Common Carriers (NVOCCs) are ocean carriers that ship cargo without owning any sea vessels. <\/p>\n\n\n\n
They do this by buying large volumes of space from other lines that operate ships, called Vessel-Operating Common Carriers (VOCCs). They then resell this space to shippers (consignors), adding their own tariffs.<\/p>\n\n\n\n
NVOCCs thus act as middlemen for consignors and VOCCs and provide them benefits such as reduced shipping rates for consignors, and consistent business for VOCCs.<\/p>\n\n\n\n
NVOCCs mainly act as carriers to consignors<\/a> and shippers to mainline carriers. This means that they work as clients to VOCCs, while ensuring that the transportation of consigned goods is accounted for.<\/p>\n\n\n\n NVOCCs are in charge of securing space onboard ocean-bound shipping vessels. Their relationships with VOCCs ensure that consignors get:<\/p>\n\n\n\n NVOCCs are responsible for ensuring that cargo is shipped from the agreed upon pick up destination to the drop off destination. To fulfill transportation needs, an NVOCC may arrange for:<\/p>\n\n\n\n NVOCCs operate under their own Bill of Lading<\/a> (BoL), also known as a House Bill of Lading (HBL). They issue this necessary shipment document for their clients, for use during customs clearance.<\/p>\n\n\n\n Freight forwarders<\/a> are agents who act on behalf of consignors in all the processes involved in shipping goods from one destination to another. They share a number of similarities and differences with NVOCCs.<\/p>\n\n\n\n Both NVOCCs and freight forwarders:<\/p>\n\n\n\n The main difference between both entities is that:<\/p>\n\n\n\n Freight forwarders are in charge of the full freight shipment process, while NVOCCs only ensure the aspect of sea transportation in shipping. This results in the following differences.<\/p>\n\n\n\n NVOCCs only issue BoLs, while freight forwarders ensure all shipping documents are in order like the BoL, Certificate of Origin<\/a>, commercial invoice<\/a> and more.<\/p>\n\n\n\n NVOCCs largely provide shipping services via sea, though they may sometimes coordinate land shipments to consignees. Freight forwarders arrange for shipments via sea<\/a>, air<\/a>, road and rail.<\/p>\n\n\n\n NVOCCs typically do not have their own warehouses to store goods for their clients, while many freight forwarding companies do.<\/p>\n\n\n\n Listed below are some factors to consider when deciding to engage an NVOCC or a freight forwarding company<\/a>.<\/p>\n\n\n\n NVOCCs typically offer cheaper services than freight forwarders due to their smaller scope of work.<\/p>\n\n\n\n NVOCCs are suited for businesses that ship purchased goods regularly. Freight forwarders are good for manufacturers that produce large volumes of products and need to utilize storage facilities.<\/p>\n\n\n\n NVOCCs are suitable for businesses that are able to manage shipping documents in-house. Freight forwarders are suitable for companies less familiar with trade paperwork.<\/p>\n\n\n\n Non-Vessel Operating Common Carriers (NVOCCs) are ocean carriers that ship cargo without owning any sea vessels. They do this by buying large volumes of space from other lines that operate ships, called Vessel-Operating Common Carriers (VOCCs). They then resell this space to shippers (consignors), adding their own tariffs. NVOCCs thus act as middlemen for consignors … Read more<\/a><\/p>\n","protected":false},"author":2,"featured_media":573,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-570","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-glossary"],"_links":{"self":[{"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/encyclopedia.mp.com.sg\/wp-json\/wp\/v2\/posts\/570","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/encyclopedia.mp.com.sg\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/encyclopedia.mp.com.sg\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/encyclopedia.mp.com.sg\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/encyclopedia.mp.com.sg\/wp-json\/wp\/v2\/comments?post=570"}],"version-history":[{"count":0,"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/encyclopedia.mp.com.sg\/wp-json\/wp\/v2\/posts\/570\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/encyclopedia.mp.com.sg\/wp-json\/wp\/v2\/media\/573"}],"wp:attachment":[{"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/encyclopedia.mp.com.sg\/wp-json\/wp\/v2\/media?parent=570"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/encyclopedia.mp.com.sg\/wp-json\/wp\/v2\/categories?post=570"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/encyclopedia.mp.com.sg\/wp-json\/wp\/v2\/tags?post=570"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Booking of Freight Space Onboard Mainline Carriers<\/strong><\/h3>\n\n\n\n
Ensuring the Delivery of Goods to Their Destinations<\/strong><\/h3>\n\n\n\n
Issuing Their Own Bill of Lading<\/strong><\/h3>\n\n\n\n
NVOCC vs Freight Forwarder<\/strong><\/h2>\n\n\n\n
Similarities Between NVOCCs and Freight Forwarders<\/strong><\/h3>\n\n\n\n
Differences Between NVOCCs and Freight Forwarders<\/strong><\/h3>\n\n\n\n
How to Choose Between an NVOCC and a Freight Forwarder<\/strong><\/h3>\n\n\n\n
\nDue to the overlapping nature of their work, freight forwarders and NVOCCs can double up, acting as both carriers and agents to clients. They are referred to as NVOCC freight forwarders<\/a>.\n
\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"